Looking to diversify beyond EMCAX? The mutual funds below have the lowest correlation with EMCAX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from EMCAX.
Best Diversifiers for EMCAX
1 mutual funds have low correlation with EMCAX (below 0.3), 0 of which are negatively correlated. The least correlated is Federated Hermes MDT Small Cap Growth Fund (QISGX) (Small Cap Growth Equities) with a 1Y correlation of 0.23, down from 0.74 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes MDT Small Cap Growth Fund | 0.23 | 0.55 | 0.74 | 72 | Small Cap Growth Equities | EMCAX vs QISGX | |
| Driehaus Micro Cap Growth Fund | 0.66 | 0.73 | 0.80 | 83 | Small Cap Growth Equities | EMCAX vs DMCRX | |
| Oberweis Micro Cap Fund | 0.68 | 0.77 | 0.84 | 91 | Small Cap Growth Equities | EMCAX vs OBMCX | |
| Invesco Discovery Fund Class R6 | 0.68 | 0.79 | 0.86 | 87 | Small Cap Growth Equities | EMCAX vs ODIIX | |
| Lord Abbett Micro Cap Growth Fund | 0.69 | 0.74 | 0.82 | 72 | Small Cap Growth Equities | EMCAX vs LMIYX |
See all 61 diversifiers for EMCAX
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